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Alibaba Group reported its Q3 revenue, for the three months ending 31 December 2022, rose 2% to RMB247,756m (US$35,921m), and net income of RMB35,031m (US$5,079m), which is up 12%.

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Dairy Farm International (DFI) reported its 2022 group revenue declined 0.9% to US$27,597m. Its underlying profit fell to US$29m, from US$105m in 2021. The Health and Beauty segment experienced strong sales growth due to the post-COVID-19 reopening of the economy, while the food segment showed signs of sales recovery DFI’s five segments performance highlights Food segment sales fell 3....
DFI, which entered the Malaysia market 24 years ago, has decided to sell all of its food businesses to Macrovalue Sdn Bhd. What does it entail? DFI has been operating the business in Malaysia through GCH Retail (Malaysia) Sdn Bhd. GCH Retail is 70% owned by DFI and 30% by Syarikat Pesaka Antah Sdn Bhd. It operates a total of 40 Giants, eight Mercatos, two Cold Storages, one TMC and 40 Giant...
Alipay+ has strengthened its partnership with Asia’s largest food delivery platform, Foodpanda, to Malaysia.  Convenient payment for quick commerce TNG Digital was founded by Touch n Go and Ant Group, parent company of Alipay, China's largest digital payments platform. Foodpanda's partnership with Alipay+ and TNG Digital will enable the use of Touch n Go on their platform. This will be a sy...

Presentations

06/02/2023
We highlight five trends that we expect to shape Asia grocery retail market over the next 12 months and beyond.
20/12/2022
Against the backdrop of inflation and rising cost of living, we have reforecast our growth expectations for global, regional and country channels to 2027. This report shares the global view of our channel forecasts to 2027, combining data from 42 major markets across all regions. It provides data on different channels’ performance and highlights which regions and markets lead the way in terms of channel development.
20/12/2022
Against the backdrop of inflation and rising cost of living, we have reforecast our growth expectations for global, regional and country channels to 2027. This report shares the Asia Pacific view of our channel forecasts to 2027, combining data from 14 major markets across the region. It provides data by market on different channels’ performance and summarises the key insights and implications for suppliers.

Key presentation

Malaysia country presentation

A guide to Malaysia's grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.

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5-year forecasts to 2027

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